April 2, 2025
| Featured Engagement
Professor Michael Willis was retained on a securities case to opine on whether a company’s EBITDA and revenue budget was consistent with best practices following a large cross-border acquisition. He found that the financial guidance was based on overly aggressive assumptions about contract labor, agency costs, and average daily census, which did not align with historical trends. Professor Willis also determined that the company consistently underperformed, and early in the year, it became clear that its EBITDA targets were unlikely to be met.
For more information about retaining Prof. Willis as an expert, email us at experts@vegaeconomics.com.